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Comment by 'Dr. Don Noyes-More Ph.D.' on Bank pays biggest settlement ever in mortgage rip-offhttp://peoplesworld.org/bank-pays-biggest-settlement-ever-in-mortgage-rip-off/#PageComment_24689
Thank you for this very imformative and interesting article. Every day we learn why we are Socialists.
It is as though the Capitalist/Bank system is eating upon its own creation, the property owners. When only a minority of people are "allowed" (able) to own property that system becomes obviously becomes less and less appealing. Our daily news is like a Marxist-Leninist blueprint for action.
We live in amazing times.
Dr. Don Noyes-More Ph.D.
Editor in Chief
Downtown LA Life Magazine InternationalMon, 09 Jan 2012 17:46:23 -0500Dr. Don Noyes-More Ph.D.http://peoplesworld.org/bank-pays-biggest-settlement-ever-in-mortgage-rip-off/#PageComment_24689Comment by 'Piggybankblog' on Bank pays biggest settlement ever in mortgage rip-offhttp://peoplesworld.org/bank-pays-biggest-settlement-ever-in-mortgage-rip-off/#PageComment_24591
I believe the statement of “Nobody gets a house for free” is a negative PR driven bank campaign, as the other arms of this campaign are phrases like, “MORAL HAZARD” and “DEADBEAT BORROWER,” but are meant to deflect you from what the real issue is, which is that Wall Street has blown up our economy, while the banks have committed potentially irregular, fraudulent and simply unsafe mortgage practices.
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Countrywide and Bank of Defrauding America might have already been paid back by several unidentified investors, multiple times, and by credit default swaps and insurance! A potential insurance fraud! Then the taxpayer had to bailout AIG! Now they want the homeowner to pay them again?”
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It is in the possibility that your loan had been concurrently sold into multiple Trusts at the same time. In other words, it would be equivalent to selling the same car over and over to several different people using a copy of the pink slip or title of the car. IT IS ILLEAGAL! Unfortunately, MERS provided the perfect environment for these banks to do this. Thanks Courts who allowed MERS to be used! Great effort in protecting the public! What is next? Are they going to approve a criminally started company that allows the copy of our driver’s license to be shown to the police officer who pulls over drivers, just so the criminal can escape? Anyway, the question is how do you prove there has been a break in the chain of title? The answer is to have a mortgage investigation Title and Securitization search done, so that you or your attorney are armed with proof that there has been a break in the chain of title in your situation.
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You can find more information at my blog at: http://piggybankblog.com/2011/12/30/break-in-chain-of-title/
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Please also read along John’s Daily Blog at piggybankblog.com!
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Divided we may have fell America! But United We Shall Stand!
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My name John Wright AND I AM FIGHTING BACK!
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John Wright
Piggybankblog.com
Thu, 05 Jan 2012 15:14:36 -0500Piggybankbloghttp://peoplesworld.org/bank-pays-biggest-settlement-ever-in-mortgage-rip-off/#PageComment_24591Comment by 'Gabriel Falsetta' on Bank pays biggest settlement ever in mortgage rip-offhttp://peoplesworld.org/bank-pays-biggest-settlement-ever-in-mortgage-rip-off/#PageComment_24529
Capitalism works in very strange ways....
Tue, 03 Jan 2012 17:12:47 -0500Gabriel Falsettahttp://peoplesworld.org/bank-pays-biggest-settlement-ever-in-mortgage-rip-off/#PageComment_24529